Tampa Fl Bungalow style Flip or Rental

[Dustin Rose]

Property Details

This 3/1 bungalow house has tons of potential. Long term tenants in place paying below market rent at $850 on a month to month at this point. This house would make for a great flip or even a good buy and hold with market rent being closer to $1150 and rehabbed homes going for around $130,000. Within the past couple of years there has been new electrical work, new windows and new A/C along with the roof having some repairs done but not fully replaced. With minimal work needed for this house to continue to provide returns this house is good no matter your experience with investment properties. 

Flip Rehab Details Grounds Lawn/Mulch beds

$1,000.00

Trash removal

$500.00

Interior

Tile flooring

$5,000.00

Interior paint

$2,000.00

Kitchen cabinets

$3,500.00

Kitchen countertops

$3,000.00

Kitchen appliances

$1,500.00

Bathroom vanity

$500.00

Bathroom countertops

$1,000.00

Other

$3,000.00

Closet/Interior doors

$1,000.00

Light fixtures/Outlets

$750.00

Exterior

Exterior Paint

$2,000.00

Roof

$9,000.00

Systems

Other

$1,000.00

Comps  1822 E 19TH AVE $137,000

3 bed / 1 bath1,000 sq ftSold 03/31/17

2705 N 19TH ST $114,900

2 bed / 1 bath882 sq ftSold 05/10/17

2703 N 19TH ST $149,900

2 bed / 1 bath1,158 sq ft

2612 N 18TH ST $128,000

3 bed / 1 bath984 sq ft